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Syrah Resources Navigates Balama Pause Amid Vidalia Ramp-Up and US Tariff Challenges
6:16am on Monday 2nd of June, 2025 AEST
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Mining
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Syrah Resources Navigates Balama Pause Amid Vidalia Ramp-Up and US Tariff Challenges
6:16am on Monday 2nd of June, 2025 AEST
Key Points
Balama graphite mine production paused due to local protests, with planned resumption in Q2 2025
Vidalia active anode material (AAM) facility ramping up, awaiting sales-dependent financing for expansion to 45ktpa
Multi-year binding offtake agreements secured with Lucid, Tesla, POSCO Future M, and others
US tariffs on Chinese graphite imports and evolving trade policies create market uncertainties
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